Nas Loses Home In Foreclosure, Sold At Auction

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 6 years ago '04        #1
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psylence2k 59 heat pts59
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Nas Loses Home In Foreclosure, Sold At Auction
 

 
Life's a bi-ch ... Nas sang it and now he's living it ... because besides being knee deep in tax debt, TMZ has learned the rapper just lost his Georgia crib to foreclosure.

According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 ... but according to SunTrust bank (which issued him the loan) ... Nas couldn't foot the bill and defaulted on the payments, still owing $507,000.

SunTrust recently foreclosed on the property and then sold it to the highest bidder at public auction last month for $348,500 ... WAY LESS than the rapper paid eight years ago.

It's a steal for the new owner -- the house is over 3,500 square feet with a walk-in pool and hot tub ... granite counter-tops ... custom theater ... gym and game room.

Read more:
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 Rapper Nas -- Georgia House Foreclosed, Sold At Auction | TMZ.com


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Last edited by psylence2k; 10-14-2012 at 01:07 PM..

85 comments for "Nas Loses Home In Foreclosure, Sold At Auction"

 6 years ago '06        #2
BatmanGullyFam 
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Life is good?
 10-14-2012, 01:03 PM         #3
Sha Bello 
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Damn. Life's a bi*ch take a couple L's then you die
 6 years ago '09        #4
Ash10 21 heat pts21
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there's more to this story :nasmad:
 6 years ago '11        #5
Kingpin 313 104 heat pts104
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$19,222 | Props total: 2618 2618
Nice house nas got a couple houses so he good
 6 years ago '12        #6
MischiefTooReal 141 heat pts141
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$11,880 | Props total: 5479 5479
Thought Nas was caked up. Why is he taking out loans anyway.






fu*k TMZ tho. They make sure they make people look as bad as they can w/ their misleading a.ss titles. Especially black people.
 6 years ago '05        #7
BlaznHizzle|M 3 heat pts
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none of ya'll know what you're talking about, probably because you're all young..

why would Nas pay for that house when the total value is less than what he owes.. worst thing that's gonna happen to him is his credit will get get which don't even matter cause he's rich.

Nas won..
 6 years ago '11        #8
whothebestmc 99 heat pts99
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he had a storm trooper though
 6 years ago '12        #9
DreamChasers 87 heat pts87
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maybe nas bought a house he cant afford
 6 years ago '05        #10
Nickel 118 heat pts118
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 whothebestmc said:
he had a storm trooper though

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 10-14-2012, 01:45 PM         #11
Sam Rothstein 
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Nas probably forgot he bought that sh*t.
 6 years ago '05        #12
murdamurda 33 heat pts33
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50 stays winning, Nas stays losing.
 6 years ago '05        #13
Emperor85 
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 ThatDude0824 said:
Blessing in the sky if u ask nas

Who wants to live in Georga ? I ain't ate a peach in years plus atl rap scene is wack w Gucci and Jeezy tweeting beefs like school girls. Plus the braves suck the hawks are worse and falcOns bout to lose to Oakland
Georgia is like probably number 45 on states I'd like to live in

Nas been spending alot of time in Cali and NY. Fuk a Georgia ol racist a.ss state
you mean blessing in disguise,right?
 6 years ago '08        #14
hollaballooza 2 heat pts
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 Windy said:
Nas lost


bi*ch a.ss nas stans talking about if he owe this much much he most of made even more



nas broke


nas gonna be rapping till he 60 and its just gonna keep getting progressively worst


he dont even got his own restaurant yet


nas lost:jayhah2:
grammar lost.
 6 years ago '05        #15
Emperor85 
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 Dray said:
I would let the bank take that sh*t too instead of me selling it..mansion is not that nice

and if you think nas is broke you just stupid..he can get 40-50 thousand EUROS a show overseas..he just trying to get out of his financial mess (alot of things he has to fix are from kelis but in his name)
Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000


why are you calling it a mansion?
 6 years ago '12        #16
Taste Maker 29 heat pts29
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that house is wack as hell on the inside, i would have let it go too..
 6 years ago '05        #17
Emperor85 
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 FoShizzle8 said:
well thats all good and everything.but over here in america we use dollers and not euros
euros worth more the the dollar at the moment
 6 years ago '05        #18
Dun Language 4062 heat pts4062
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Bum a.ss n*gga. He need a job
 6 years ago '05        #19
Dun Language 4062 heat pts4062
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 FoShizzle8 said:
icon huh

thats why hes foreclosing on his house right




oh and hes such a icon and making money that hes in tax debt right

n*gga u think u better than ppl because you own your mobile home?
 6 years ago '05        #20
Emperor85 
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 Dun Language said:
n*gga u think u better than ppl because you own your mobile home?
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